Trading precious metals such as gold, silver, platinum and palladium is popular among investors as a way to diversify portfolios and protect against inflation. Recently, technological innovations have made automated trading bots available for this asset category, allowing traders to effectively analyze and exploit price fluctuations. A precious metals trading bot is software designed to automate trades on exchanges where futures, CFDs and other metal instruments are traded. Bots can be customized to execute strategies that take into account precious metals market characteristics such as seasonal factors, global economic trends, and supply and demand factors. The main metals available for trading using bots include gold and silver, as well as platinum and palladium, which play the role of not only precious metals but also industrial metals. Bots allow for a variety of trading strategies, from short and medium term to long term. Popular strategies for precious metals are trend trading, counter-trend trading and arbitrage. To minimize losses, bots offer functions for setting stop loss and take profit levels, which is especially important in the volatile precious metals market. Some bots can adapt risk levels depending on market conditions. Metals trading is highly dependent on external factors, and bots can be customized to track news affecting the markets. Notifications allow traders to receive up-to-date information in a timely manner and change strategy parameters as needed. Trading precious metals can be volatile, and even small price fluctuations can lead to significant gains or losses. Bots are able to react quickly to changes, which helps to make deals on the most favorable conditions. For beginners, bots can be a good alternative to manual trading. Even basic bot settings allow you to test and use popular strategies without delving into complex analysis. Precious metals are considered protective assets, and during periods of economic instability their prices can change dramatically and unpredictably. The bot helps traders avoid emotional decisions and follow predetermined rules. Investors who have previously traded cryptocurrencies or stocks can use bots to expand their portfolio by adding precious metals to it. This reduces the risks associated with fluctuations in individual assets and increases the stability of the portfolio. Trading only one metal, such as gold, can be risky. Add other precious metals such as silver, platinum or palladium to your portfolio to spread the risk. Plus, you can combine different strategies, such as using trend-following and counter-trend approaches at the same time, for more opportunities to make money. A precious metals trading bot is a tool that allows you to effectively use the opportunities of this market and automate strategies for both beginners and experienced traders. A suitable bot not only facilitates the trading process, but also helps to reduce the emotional factor and increase risk tolerance.